Tagged: Decentralized Applications

September 22, 2023 @ 12:40 pm By Omar Faridi  |  

Chainlink, the industry-standard Web3 services platform, and Arbitrum, the most widely used layer 2 scaling solution suite for Ethereum dApp development, have announced today the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One. CCIP provides Web3 developers “with a secure, easy-to-use… Read More

September 9, 2023 @ 4:32 pm By Omar Faridi  |  

Socket, an interoperability protocol that allows asset and data transfer across chains for decentralized applications (dapps), announced a $5 million strategic investment from Coinbase Ventures, the venture arm of one of the world’s largest crypto platforms, and Framework Ventures, a crypto-native venture capital firm known… Read More

August 5, 2023 @ 2:06 pm By Omar Faridi  |  

We recently connected with Luis Ocegueda, Engineering Lead at Trust Wallet, which claims to be the world’s most trusted and secure crypto wallet with 60 million+ downloads. It’s worth noting that, earlier this year, Trust Wallet did experience certain security issues, leading to a considerable… Read More

June 25, 2023 @ 5:03 pm By Omar Faridi  |  

We recently connected with Dr. Ben Zhang, COO & Co-founder of NodeReal, which claims to be a one-stop blockchain infrastructure and service provider that embraces the high-speed blockchain era and empowers developers by “Make your Web3 Real”. They aim to provide scalable, reliable, and efficient blockchain… Read More

June 21, 2023 @ 9:53 am By Omar Faridi  |  

We recently caught up with Valerii Brizhatiuk, Chief Product Officer, Co-Founder at Swisstronik, a layer-1 solution designed to build scalable decentralized applications that ensure users’ data protection and privacy, while remaining in compliance with local regulations. According to the project team, Swisstronik is unique because… Read More

May 21, 2023 @ 10:47 am By Omar Faridi  |  

Chainlink, the industry-standard Web3 services platform, and Arbitrum, the Layer 2 scaling solution suite for Ethereum dApp development, have announced the launch of Chainlink VRF (Verifiable Random Function) on Arbitrum One. Chainlink VRF is described as “the industry’s most widely adopted random number generator (RNG),… Read More

May 9, 2023 @ 7:53 am By Omar Faridi  |  

MakerDAO, which claims to be the “longest-standing” DeFi lending protocol and creator of DAI, the original decentralized stablecoin, has announced the official launch date of Spark Protocol, a MakerDAO-centric decentralized application. Starting from May 9th, Spark Protocol will “serve as the underlying infrastructure for Spark… Read More

May 2, 2023 @ 11:43 pm By Omar Faridi  |  

Wormhole Foundation recently announced the launch of Wormhole Connect, which is described as a simple cross-chain integration solution for decentralized applications (dApps). Wormhole Connect will “provide developers with access to token bridging functionality in as little as three lines of code.” Wormhole Connect is “a… Read More

April 6, 2023 @ 1:47 pm By Omar Faridi  |  

LayerZero Labs, the team behind the messaging protocol LayerZero, announced the closing of a $120 million Series B funding round, valuing the company at $3 billion. The investment round “saw participation from 33 investors, including a16z crypto, BOND, Christie’s, Circle Ventures, OpenSea Ventures, Samsung Next,… Read More

March 27, 2023 @ 10:43 pm By Omar Faridi  |  

We recently connected with Dr. Amrit Kumar, COO at Altlayer, which focuses on building key infrastructure for Web 3.0, an evolving set of standards that aims to support the Internet of the future. Dr. Amrit Kumar (currently at Altlayer) previously co-founded Zilliqa Research, where he… Read More

March 9, 2023 @ 3:57 pm By Omar Faridi  |  

In keeping with their promise to continue supporting and expanding the vechain ecosystem, the team are pleased to share that, as of today, VeChain has been formally integrated with DappRadar, which claims to the world’s largest global Dapp store and cross-chain Dapp community. Users can… Read More

February 22, 2023 @ 4:07 pm By Omar Faridi  |  

Sentio has raised $6.4 million to bring modern observability to decentralized applications. The investment round was “led by Lightspeed Venture Partners with participation from industry leaders Hashkey Capital, Canonical Crypto, Essence VC and GSR Ventures.” The Sentio team “consists of veteran engineers from Google, Linkedin,… Read More

February 20, 2023 @ 8:38 am By Omar Faridi  |  

Monad Labs is announcing their $19M seed round, “led by Dragonfly Capital and with participation from Lemniscap, Placeholder, Shima Capital, Finality Capital, and Credibly Neutral, as well as over 70 angels, including Cobie, Hasu, 0xMaki, and a number of other leaders in the space.” This… Read More

December 23, 2022 @ 10:57 am By Omar Faridi  |  

Wyre is pleased to announce their recent integration with BNB Chain. This partnership allows their developers building with Wyre the ability to leverage their entire API stack on BNB Chain “as well on-ramping directly into $BUSD and $BNB through all payment methods.” This integration is… Read More

November 5, 2022 @ 1:23 pm By Omar Faridi  |  

Evmos, the port-of-entry from Ethereum to Cosmos, sees its core developer, Tharsis Labs, announcing it has raised $27M in Seed funding “to accelerate the growth of its ecosystem of interoperable dApps.” The round was “led by Polychain Capital with participation from Galaxy, Huobi, HashKey, Coinbase… Read More

October 30, 2022 @ 9:55 pm By Omar Faridi  |  

Fun, a blockchain software development company building applications that leverage dynamic and decentralized wallet (dWallet) technology, announced it “raised $3.9M in a pre-seed funding round led by JAM Fund, and joined by SOMA Capital, NOMO Ventures, and Great Oaks Venture Capital, as well as prominent… Read More

October 19, 2022 @ 9:05 am By Omar Faridi  |  

We recently connected with Li Jun, Founder of Ontology, the project that claims it is bringing trust, privacy, and security to Web3 through decentralized identity and data solutions. Li Jun has commented on the key developments in the crypto and blockchain space following the Ethereum… Read More

October 16, 2022 @ 6:14 pm By Omar Faridi  |  

OKX, which claims to be the world’s “second largest” cryptocurrency exchange (presumably after Binance), announced that it is partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed “to provide trusted and verifiable market data to decentralized applications.” Pyth operates… Read More

October 7, 2022 @ 5:29 pm By Omar Faridi  |  

Aleph.im, the Web3 cloud platform for computing services, file storage and indexing solutions, announced the launch of their open source and “decentralized” indexing solution for the Solana ecosystem, in order “to accelerate the development of decentralized applications through accessible data queries and integrations.” As the… Read More

September 21, 2022 @ 9:10 pm By Omar Faridi  |  

The team at Fireblocks is pleased to announce support for DeFi on NEAR, “enabling connection to NEAR dApps via their Web3 engine.” Effective immediately, Fireblocks users can “securely access DeFi yields through lending, borrowing, and any Web3 apps built for NEAR that integrate WalletConnect.” Fireblocks… Read More